MG Morning Breeze: Updates to Skim before Market

May 06, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• ECC reviews SNGPL’s Rs50bn LNG facility extension

The Petroleum Division submitted a summary to the Economic Coordination Committee (ECC) seeking an extension in the validity. Read more

• SECP issues licensing checklists for REIT, section 42 companies

The Securities and Exchange Commission of Pakistan (SECP) has issued checklists for obtaining licenses for Real Estate Investment Trust. Read more

• Pakistan’s business confidence rises in April 2025

The overall Business Confidence Index increased significantly by 0.4 points, reaching 56.9 in April 2025, the latest results of the Business Confidence. Read more

• Pakistan’s consumer confidence holds steady in April

The Consumer Confidence Index (CCI) in Pakistan remained broadly stable at 40.6 points in April compared to. Read more

• Gold price in Pakistan rises Rs7,800 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs350,000 per tola, up Rs7,800. Read more

• Government tax moves spark outcry from jewellers’ association

The government’s recent economic measures, including the new Income Tax Ordinance and the inclusion of jewellers under the Designated. Read more

• PSX Closing Bell: Falling Slowly

The benchmark KSE-100 Index concluded Monday’s trading session at 114,102.23, showing a decrease of 11.70 points or 0.01%. Read more

• SBP slashes policy rate by 100 bps to 11%

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to cut the policy rate by 100 bps to 11 percent, effective from May 6, 2025. Read more

• U.S. futures drop as Trump tariffs spark trade war fears

U.S. stock index futures fell on Monday after President Donald Trump reignited concerns about the effects of a global trade war. Read more

• Secure Logistics delivers consistent performance in Q1 2025

Secure Logistics Group Limited’s (PSX: SLGL) net profit remained nearly flat at Rs160.22 million [EPS: Rs0.59] during the quarter ended March 31. Read more

• CAT directs milk associations to pledge against price collusion

The Competition Appellate Tribunal (CAT) has directed representatives of all three dairy farmer associations of Karachi to submit. Read more

• Pakistan’s growth prospects dim as conflict with India intensifies

Pakistan’s (Caa2 positive) growth outlook faces new risks as escalating tensions with neighboring India (Baa3 stable). Read more

• VIS reaffirms ratings of HBL Microfinance Bank Ltd

VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of HBL Microfinance Bank Limited at. Read more

• India moves to increase reservoir capacity amid Pakistan row

India has begun work to boost reservoir holding capacity at two hydroelectric projects in the Himalayan region of Kashmir. Read more

• MPS Preview: Will SBP Cut Rates or Play It Safe?

The clock is ticking down to the State Bank of Pakistan’s monetary policy decision today, and the uncertainty hangs thick in the air. Read more

• Domestic cement dispatches fall 6% in April 2025

The total cement dispatches stood at 3.34 million tons for April 2025, according to data released by the All Pakistan Cement Manufacturers Association. Read more

• Indonesia posts weakest economic growth in over three years

Indonesia’s economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the year stemming. Read more

• Trump signals ongoing trade talks with China, others

U.S. President Donald Trump said the U.S. was meeting with many countries, including China, on trade deals, and his main. Read more

• Samsung disputes $520m tax charge over misclassified imports

Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials. Read more

• MG Pakistan upgrades HS PHEV with 7KW fast charger

MG Pakistan has announced a major upgrade to its popular plug-in hybrid SUV, the MG HS PHEV, by introducing a 7KW fast charger. Read more

• Oil prices fall as OPEC+ plans further output increases

Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil output hikes, spurring concerns. Read more

• SMEDA Board greenlights revamping strategy

Small and Medium Enterprises Development Authority (SMEDA) Board of Directors, in its 30th meeting, approved. Read more

• U.S.-China tensions, the risk of economic split

As the U.S.-Sino bilateral relations continue to reach multidecade lows, concerns are mounting about the potential economic. Read more

• Hascol Petroleum appoints Javed Ahmedjee as New CEO

Hascol Petroleum Limited has appointed Mr. Javed Ahmedjee as its new Chief Executive Officer, effective today. Read more

• Pakistan’s OMCs sales rise 20% MoM in April 2025, up 32% YoY

The sales volume of oil marketing companies (OMCs) in Pakistan saw a significant increase of 20% month-on-month (MoM). Read more

• Australia’s Labor landslide calms markets

Australian financial markets on Monday largely welcomed a historic win by the centre-left Labor Party as it strengthens. Read more

• PCC achieves milestone in global crypto landscape in 50 days

Pakistan has emerged as a notable force in the global cryptocurrency industry, as the Pakistan Crypto Council (PCC). Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Read more

• Trump slaps 100% tariff on foreign films

U.S. President Donald Trump has announced plans to slap a 100% tariff,,, Read more

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